Industrial

Owning or leasing industrial space in New Jersey means you’re within one day’s drive of one-third of the nation’s population. That means the state continues to be a hotbed of warehouse and logistics activity.

Industrial
JLL: Lincoln Equities sells Long Island logistics center for $75 million

Lincoln Equities Group has sold just under 200,000 square feet of new industrial space on Long Island for $74.5 million, in a deal completed by JLL’s New Jersey brokerage team.

Industrial
Camden County light industrial portfolio trades for $29 million, CBRE says

An investment firm has sold seven light industrial buildings in Camden County for nearly $30 million, under a newly announced transaction by CBRE.

Industrial
NAI Mertz targets essential businesses, yielding a flurry of industrial deals during COVID

An industrial user has leased more than 300,000 square feet in Burlington County, in the largest of six newly announced deals in southern New Jersey by NAI Mertz.

Industrial
JLL: Logistics, fragrance tenants combine for 81,000 sq. ft. in Fairfield

Two industrial tenants have leased a combined 81,400 square feet at separate buildings in Fairfield, in a set of newly announced transactions by JLL.

Industrial
CenterPoint adds 30,000 sq. ft. industrial building on four-acre site in Woodbridge

CenterPoint Properties has made another acquisition in New Jersey, adding a nearly 30,000-square-foot industrial building in Woodbridge with an abundance of excess land for parking.

Industrial
Dallas firm enters New Jersey, plans 120,000 sq. ft. industrial project in Secaucus

An industrial developer is making its entrance to New Jersey, having acquired a parcel in Secaucus where it plans to develop a 120,000-square-foot logistics building.

Finance & Capital Markets
JLL inks $9 million loan for owners of 78,000 sq. ft. industrial building

An investment group has landed a $9 million loan for a recently acquired industrial building in Berkeley Heights, in a newly completed transaction by JLL.

Top News
Sanzari family foundation donates $20,000 for student iPads in Hackensack

The Alfred N. Sanzari Family Foundation has donated $20,000 to the Hackensack Public School District, supporting its effort to equip students who are learning remotely.

Industrial
Elberon adds 20,000 sq. ft. warehouse in Newark, Garibaldi says

Elberon Development Group has acquired a 20,000-square-foot industrial building in Newark, in a transaction arranged by The Garibaldi Group.

Finance & Capital Markets
JLL: Seagis lands $33 million loan for two-state, 410,000 sq. ft. industrial portfolio

The owner of a nine-building, 410,000-square-foot industrial portfolio in New Jersey and South Florida has secured nearly $33 million in permanent financing, according to brokers with JLL.